Consumer Sentiment Is Lower in September, per Michigan Survey
By Matt Grossman
Consumer sentiment has dropped in September, according to the initial reading of the University of Michigan's monthly survey.
The survey's index stands at 47.8, versus the 51.7 recorded at the end of August. Economists polled by The Wall Street Journal were expecting a reading of 51.4.
The decline brings sentiment back down toward historical lows reached earlier this year. If the reading holds in the final September reading coming later this month, it would be the second-lowest reading in the survey's history.
"Year-ahead expectations for both personal finances and business conditions plunged," said the survey's director, Joanne Hsu. "With a resurgence in fuel prices and trade tensions, consumers anticipate greater pressures on their pocketbooks to come."
Expectations for inflation over the year to come jumped. Longer-run inflation expectations ticked slightly higher as well.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
September 11, 2026 10:28 ET (14:28 GMT)
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